Teradata Corporation (NYSE:TDC) had its target price raised by Morgan Stanley from $29.00 to $31.00 in a research note issued to investors on Friday. The brokerage presently has an “underweight” rating on the technology company’s stock. Morgan Stanley’s target price would suggest a potential downside of 14.10% from the company’s current price.

Several other equities analysts also recently commented on the stock. BMO Capital Markets boosted their price target on shares of Teradata Corporation from $32.00 to $40.00 and gave the stock a “market perform” rating in a research note on Friday. Mizuho lifted their price objective on shares of Teradata Corporation from $26.00 to $32.00 and gave the stock an “underperform” rating in a research report on Thursday. Deutsche Bank AG lifted their price objective on shares of Teradata Corporation from $30.00 to $32.00 and gave the stock a “hold” rating in a research report on Tuesday, October 24th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $30.00 price objective on shares of Teradata Corporation in a research report on Wednesday, October 18th. Finally, Sanford C. Bernstein reaffirmed an “underperform” rating and set a $27.00 price objective on shares of Teradata Corporation in a research report on Monday, September 11th. Five equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $30.70.

Teradata Corporation (TDC) opened at $36.09 on Friday. The company has a market cap of $4,723.75, a price-to-earnings ratio of 32.22, a price-to-earnings-growth ratio of 7.54 and a beta of 1.23. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.61 and a quick ratio of 1.90. Teradata Corporation has a 12 month low of $26.27 and a 12 month high of $38.08.

Teradata Corporation (NYSE:TDC) last posted its quarterly earnings results on Thursday, November 2nd. The technology company reported $0.29 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.17. The business had revenue of $526.00 million during the quarter, compared to the consensus estimate of $511.23 million. Teradata Corporation had a net margin of 3.01% and a return on equity of 16.47%. The company’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.69 earnings per share. sell-side analysts forecast that Teradata Corporation will post 0.9 EPS for the current year.

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Institutional investors and hedge funds have recently made changes to their positions in the stock. ETF Managers Group LLC purchased a new stake in Teradata Corporation in the second quarter valued at $130,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Teradata Corporation by 9.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,183 shares of the technology company’s stock valued at $153,000 after acquiring an additional 469 shares during the last quarter. GW Henssler & Associates Ltd. purchased a new stake in Teradata Corporation in the second quarter valued at $202,000. PNC Financial Services Group Inc. lifted its position in Teradata Corporation by 3.6% in the first quarter. PNC Financial Services Group Inc. now owns 7,205 shares of the technology company’s stock valued at $224,000 after acquiring an additional 251 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI lifted its position in Teradata Corporation by 20.9% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 7,819 shares of the technology company’s stock valued at $231,000 after acquiring an additional 1,354 shares during the last quarter.

Teradata Corporation Company Profile

Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.

Analyst Recommendations for Teradata Corporation (NYSE:TDC)

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